Civic Intelligence

Sumter Emc Foundation Inc.

990EZ • Fiscal year 2019 • EIN 16-1639226

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 31, 2020

PO Box 1048Americus, GA 31709-1048

(229) 924-8041

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

14th percentile

-24%

Higher net margin than 14% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

11th percentile

-46%

Faster revenue growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$79,362

Down $13,096 (-14%) from 2018

Net Assets

Down

$79,362

Down $13,096 (-14%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$55,568

Down $46,598 (-46%) from 2018

Expenses

Up

$68,664

Up $3,251 (+5.0%) from 2018

Net Income

Down

-$13,096

Down $49,849 (-136%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2011: $36,302Liabilities 2011: $02011Assets 2012: $84,853Liabilities 2012: $02012Assets 2013: $76,058Liabilities 2013: $02013Assets 2014: $68,413Liabilities 2014: $02014Assets 2015: $69,525Liabilities 2015: $02015Assets 2017: $55,705Liabilities 2017: $02017Assets 2018: $92,458Net Assets 2018: $92,4582018Assets 2019: $79,362Net Assets 2019: $79,3622019Assets 2020: $80,777Net Assets 2020: $80,7772020Assets 2021: $171,329Net Assets 2021: $171,3292021Assets 2022: $184,307Net Assets 2022: $184,3072022Assets 2023: $171,181Net Assets 2023: $171,1812023Assets 2024: $227,243Net Assets 2024: $227,2432024Assets 2025: $195,797Net Assets 2025: $195,7972025

Highlighted filing

2019

Assets$79,362
Liabilities-
Net Assets$79,362

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $53,871Expenses 2011: $50,646Net Income 2011: $3,2252011Revenue 2012: $112,996Expenses 2012: $64,445Net Income 2012: $48,5512012Revenue 2013: $50,756Expenses 2013: $59,551Net Income 2013: -$8,7952013Revenue 2014: $49,026Expenses 2014: $56,671Net Income 2014: -$7,6452014Revenue 2015: $71,959Expenses 2015: $70,847Net Income 2015: $1,1122015Revenue 2017: $52,677Expenses 2017: $56,027Net Income 2017: -$3,3502017Revenue 2018: $102,166Expenses 2018: $65,413Net Income 2018: $36,7532018Revenue 2019: $55,568Expenses 2019: $68,664Net Income 2019: -$13,0962019Revenue 2020: $64,401Expenses 2020: $62,986Net Income 2020: $1,4152020Revenue 2021: $156,230Expenses 2021: $65,678Net Income 2021: $90,5522021Revenue 2022: $69,510Expenses 2022: $56,532Net Income 2022: $12,9782022Revenue 2023: $69,271Expenses 2023: $82,397Net Income 2023: -$13,1262023Revenue 2024: $152,300Expenses 2024: $96,238Net Income 2024: $56,0622024Revenue 2025: $80,543Expenses 2025: $111,989Net Income 2025: -$31,4462025

Highlighted filing

2019

Revenue$55,568
Expenses$68,664
Net Income-$13,096
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 31, 2020
Return Version
2019v5.0
Gross Receipts
$55,568
Mission and Program Overview

Mission

The purposes and goals of the foundation include, without limitation, the following: (1) to support and promote educational attainment throughout the sumter electric membership corporation (sumter emc) service area by creating, establighing or funding educational training programs seminars, courses, scholarships, etc. (2) to support and promote health and human services; catastrophic interventions; to provide food, shelter, clothing and safety; and to promote economic development and cultural enrichment in the sumter emc service area. (3) to provide means for the communication and disbursement of funds for any and all charitable purposes in the sumter emc service area.

Program Services

DescriptionGrantsExpenses
THE PURPOSES AND GOALS OF THE FOUNDATION INCLUDE, WITHOUT LIMITATION, THE FOLLOWING: (1) TO SUPPORT AND PROMOTE EDUCATIONAL ATTAINMENT THROUGHOUT THE SUMTER ELECTRIC MEMBERSHIP CORPORATION (SUMTER EMC) SERVICE AREA BY CREATING, ESTABLIGHING OR FUNDING EDUCATIONAL TRAINING PROGRAMS SEMINARS, COURSES, SCHOLARSHIPS, ETC. (2) TO SUPPORT AND PROMOTE HEALTH AND HUMAN SERVICES; CATASTROPHIC INTERVENTIONS; TO PROVIDE FOOD, SHELTER, CLOTHING AND SAFETY; AND TO PROMOTE ECONOMIC DEVELOPMENT AND CULTURAL ENRICHMENT IN THE SUMTER EMC SERVICE AREA.$68,664$68,664
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANDREA WALKERChairman-$0--
JOHN T ARGO JRVice Chairma-$0--
WHITNEY JOHNSONSec/Treas-$0--
RONALD DUPREETrustee-$0--
MARIE MILESTrustee-$0--
ELAINE RUCKELTrustee-$0--
REV JACK D RAYTrustee-$0--
ELIZABETH WATERSTrustee-$0--
ABBIE DILLARDTrustee-$0--
JOSEPH WILLIAMSTrustee-$0--
CLAUDIA BLACKTrustee-$0--
LEHANNE SINGLETONTrustee-$0--
DENNIS JONESTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Sumter Emc Foundation Inc
EIN
16-1639226
Phone
2299248041
Address
PO BOX 1048, AMERICUS, GA 31709-1048

Signing Officer

Name
Andrea Walker
Title
Chairman
Phone
2299248041
Signed
2020-03-31
Discuss with paid preparer
Yes

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
William R Rountree
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990-ez

Website: http://www.sumteremc.com/content/sumter-emc-foundation

Form 990-ez, Part I, Line 10

Name: community assistance (see attached) cash contribution: 68,664

Form 990-ez, Part II, Line 24

Accounts receivable 3,287 3,450 total 3,287 3,450

Form 990-ez, Part III

The foundation receives in-kind donations of labor and related expenses from sumter electric membership corporation, an affiliate of the foundation. Donations in-kind totaled 8,005 and 8,957 for the years ended december 31, 2019 and 2018, respectively. Based on the form's instructions, these donations are not included in income or expenses for the purposes of form 990-ez.

Form 990-ez, Part III

The purposes and goals of the foundation include, without limitation, the following: (1) to support and promote educational attainment throughout the sumter electric membership corporation (sumter emc) service area by creating, establighing or funding educational training programs seminars, courses, scholarships, etc. (2) to support and promote health and human services; catastrophic interventions; to provide food, shelter, clothing and safety; and to promote economic development and cultural enrichment in the sumter emc service area. (3) to provide means for the communication and disbursement of funds for any and all charitable purposes in the sumter emc service area.

Form 990-ez, Part III, Line 28

The purposes and goals of the foundation include, without limitation, the following: (1) to support and promote educational attainment throughout the sumter electric membership corporation (sumter emc) service area by creating, establighing or funding educational training programs seminars, courses, scholarships, etc. (2) to support and promote health and human services; catastrophic interventions; to provide food, shelter, clothing and safety; and to promote economic development and cultural enrichment in the sumter emc service area.

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IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSES AND GOALS OF THE FOUNDATION INCLUDE, WITHOUT LIMITATION, THE FOLLOWING: (1) TO SUPPORT AND PROMOTE EDUCATIONAL ATTAINMENT THROUGHOUT THE SUMTER ELECTRIC MEMBERSHIP CORPORATION (SUMTER EMC) SERVICE AREA BY CREATING, ESTABLIGHING OR FUNDING EDUCATIONAL TRAINING PROGRAMS SEMINARS, COURSES, SCHOLARSHIPS, ETC. (2) TO SUPPORT AND PROMOTE HEALTH AND HUMAN SERVICES; CATASTROPHIC INTERVENTIONS; TO PROVIDE FOOD, SHELTER, CLOTHING AND SAFETY; AND TO PROMOTE ECONOMIC DEVELOPMENT AND CULTURAL ENRICHMENT IN THE SUMTER EMC SERVICE AREA. (3) TO PROVIDE MEANS FOR THE COMMUNICATION AND DISBURSEMENT OF FUNDS FOR ANY AND ALL CHARITABLE PURPOSES IN THE SUMTER EMC SERVICE AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PURPOSES AND GOALS OF THE FOUNDATION INCLUDE, WITHOUT LIMITATION, THE FOLLOWING: (1) TO SUPPORT AND PROMOTE EDUCATIONAL ATTAINMENT THROUGHOUT THE SUMTER ELECTRIC MEMBERSHIP CORPORATION (SUMTER EMC) SERVICE AREA BY CREATING, ESTABLIGHING OR FUNDING EDUCATIONAL TRAINING PROGRAMS SEMINARS, COURSES, SCHOLARSHIPS, ETC. (2) TO SUPPORT AND PROMOTE HEALTH AND HUMAN SERVICES; CATASTROPHIC INTERVENTIONS; TO PROVIDE FOOD, SHELTER, CLOTHING AND SAFETY; AND TO PROMOTE ECONOMIC DEVELOPMENT AND CULTURAL ENRICHMENT IN THE SUMTER EMC SERVICE AREA.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WEBSITE: HTTP://WWW.SUMTEREMC.COM/CONTENT/SUMTER-EMC-FOUNDATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: COMMUNITY ASSISTANCE (SEE ATTACHED) CASH CONTRIBUTION: 68,664
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 3,287 3,450 TOTAL 3,287 3,450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION RECEIVES IN-KIND DONATIONS OF LABOR AND RELATED EXPENSES FROM SUMTER ELECTRIC MEMBERSHIP CORPORATION, AN AFFILIATE OF THE FOUNDATION. DONATIONS IN-KIND TOTALED 8,005 AND 8,957 FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018, RESPECTIVELY. BASED ON THE FORM'S INSTRUCTIONS, THESE DONATIONS ARE NOT INCLUDED IN INCOME OR EXPENSES FOR THE PURPOSES OF FORM 990-EZ.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PURPOSES AND GOALS OF THE FOUNDATION INCLUDE, WITHOUT LIMITATION, THE FOLLOWING: (1) TO SUPPORT AND PROMOTE EDUCATIONAL ATTAINMENT THROUGHOUT THE SUMTER ELECTRIC MEMBERSHIP CORPORATION (SUMTER EMC) SERVICE AREA BY CREATING, ESTABLIGHING OR FUNDING EDUCATIONAL TRAINING PROGRAMS SEMINARS, COURSES, SCHOLARSHIPS, ETC. (2) TO SUPPORT AND PROMOTE HEALTH AND HUMAN SERVICES; CATASTROPHIC INTERVENTIONS; TO PROVIDE FOOD, SHELTER, CLOTHING AND SAFETY; AND TO PROMOTE ECONOMIC DEVELOPMENT AND CULTURAL ENRICHMENT IN THE SUMTER EMC SERVICE AREA. (3) TO PROVIDE MEANS FOR THE COMMUNICATION AND DISBURSEMENT OF FUNDS FOR ANY AND ALL CHARITABLE PURPOSES IN THE SUMTER EMC SERVICE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PURPOSES AND GOALS OF THE FOUNDATION INCLUDE, WITHOUT LIMITATION, THE FOLLOWING: (1) TO SUPPORT AND PROMOTE EDUCATIONAL ATTAINMENT THROUGHOUT THE SUMTER ELECTRIC MEMBERSHIP CORPORATION (SUMTER EMC) SERVICE AREA BY CREATING, ESTABLIGHING OR FUNDING EDUCATIONAL TRAINING PROGRAMS SEMINARS, COURSES, SCHOLARSHIPS, ETC. (2) TO SUPPORT AND PROMOTE HEALTH AND HUMAN SERVICES; CATASTROPHIC INTERVENTIONS; TO PROVIDE FOOD, SHELTER, CLOTHING AND SAFETY; AND TO PROMOTE ECONOMIC DEVELOPMENT AND CULTURAL ENRICHMENT IN THE SUMTER EMC SERVICE AREA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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